PTC, on the 48 acre[1] site of a former Jones and Laughlin Steel Mill, is a hub of advanced academic and corporate technology research.
The Pittsburgh Life Sciences Greenhouse operates wet lab space in its Bridgeside Point I business incubator that has been responsible for assisting over 24 companies.
Carnegie Mellon University won a highly competitive federal grant with RIDC assistance in November 1984 to build a Software Engineering Institute which kick started Pittsburgh's development as a technology hub, leading eventually to the investment in and creation of PTC.
Having begun 30 years after PTC, redevelopment of Hazelwood Green is still in its early stages; the first building on-site was occupied in Summer 2019.
Before construction began on the PTC, the site was cleared of all existing buildings except one, the former Soho Works galvanizing line and attached warehouse.